Ang Kar Yong
Kar Yong achieved financial independence through trading and investing, recognized as a top FX analyst and trainer in Asia.
Octa’s Review Of Upcoming Central Bank Decisions
The monetary policies of central banks determine exchange rates. Therefore, the market pays close attention whenever a central bank holds another meeting and changes its monetary policy. Three central banks—the Reserve Bank of New Zealand (RBNZ), the Bank...
6 months ago
Octa’s Research: Inflation in the U.S. is Still a Concern
The U.S. Bureau of Labor Statistics will release the Consumer Price Index (CPI) report on Wednesday, 10 April.The latest U.S. inflation report showed that rising prices continue to pressure U.S. consumers. The annual consumer inflation in February 2024 ti...
6 months ago
Red Sea Tensions: Current Situation And Long-term Impact On Oil And Shares
The importance of the Red Sea for the global economy can’t be overestimated. Nowadays, it’s the shortest and the cheapest trade route between Europe and Asia. According to the Joint Statement of the White House, around 15% of global maritime trade went th...
6 months ago
Octa’s Market Snapshot: The Fed Is Stuck Between Recession and High Inflation
On 30 April – 1 May, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will meet to decide on key interest rates in the U.S. economy. The Fed is expected to leave rates unchanged.Since the beginning of this year, the U.S. Federal Reserv...
5 months ago
U.S. Inflation: What to Expect From the Nearest CPI Report?
July’s Consumer Price Index inflation data will be released on August 14, 2024, at 12:30 p.m. UTC. The Consumer Price Index (CPI) report will provide information on the inflation rate in the United States. Specifically, it will show how prices of goods an...
2 months ago
What to Expect From the U.S. Elections for the Markets of South and Southeast Asia
It is currently clear that Donald Trump will represent the Republican Party in the election, while Kamala Harris will be the Democratic candidate. Both opponents have different perspectives on the U.S. economy and their respective presidencies will have d...
1 month ago
U.S. Elections Market Impact: What Does History Show?
EconomyThe relationship between the party affiliations of the U.S. presidents and economic growth has been a topic of extensive research and debate. Historically, some studies have suggested a correlation between the party in power and economic performanc...
1 month ago
A Monthly Digest by the Global Broker Octa
OverviewAugust has been a truly historic month for gold (XAU). Despite starting off at an already elevated level after more than a 5% increase in July, gold prices continued to move higher for most of August, setting a new all-time high of $2,531 per ounc...
1 month ago
Will the ECB Cut or Hold? Key Insights Ahead of the 12 September Meeting
The European Central Bank (ECB) has been navigating a complex landscape of rising inflation and economic challenges. In recent meetings, the bank has been cautious, keeping interest rates stable despite pressure to act. However, the narrative may change i...
1 month ago
Octa Broker Explains What to Expect from the Upcoming Central Bank Decisions
Relative monetary policy drives currencies’ exchange rates. Therefore, the market pays close attention whenever a central bank holds a meeting and updates its monetary policy stance. This week, three major central banks—the U.S. Federal Reserve (Fed), the...
4 weeks ago
Inflation in the United States Has Continued to Decrease: Global Broker Octa’s Predictions About the Fed’s Response
Will the Federal Reserve have the courage to significantly reduce interest rates? How will financial markets react to this decision? Economists’ and analysts’ opinions differ. A majority of economists polled by Reuters since May have been calling for two...
4 weeks ago